Summary of Projects & Achievements: 48 Months of Narendra Modi Government (Important) (Part - 4) (Download PDF)

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Atal Innovation Mission for Research and Excellence - Incubation centres & 2400 Tinkering Labs set up across the nation to promote research and innovation among the youth. Brings together top academics, mentors, entrepreneurs and the best talent to guide our youngsters to becomes entrepreneurs.

Augmenting the Arena of Skill Development and Vocational Training

Pradhan Mantri Kaushal Vikas Yojana

  • 13, 000 training centres opened across India training in 375 trades

  • Over 1 crore youngsters to achieve training

  • PM Kaushal Kendras (PMKK) are being set up in every district across India

Harnessing Yuva Shakti through Self-employment

Startup India

  • Tax relief for three consecutive years out of a block of seven year for start-ups

  • Start-ups are allowed to issue ESOPs to promoters working as employees

Funding the unfunded through Mudra Yojana

  • 12 crore Mudra loans sanctioned since April 2015

  • Allocation in Budget 2018 raised to ₹3 lakh crore, a rise of 20 % over previous year

Three Pronged Approach to Employment Creation

  • Importance to the Public sector-renewed infra push leading to more opportunities

  • Enabling environment for private sector. Multiple surveys reaffirm that opportunities for the youth are increasing

  • Vitality to personal sector-manifested through mudra, startup India, stand up India.

Opportunities in Higher Education

  • UGC has granted graded autonomy to the top 60 universities

  • National testing Agency to conduct all professional exams as per international standards

  • Numerous scholarship provided to students to complete their studies

  • Vigorous attention devoted teacher training to produce top quality teachers

  • 20 institutes will be declared as “Institute of Eminence”

Transforming Education, Furthering Empowerment

  • Numerous universities, 7 IITs, 7 IIMs, 14 IIITs, 1NIT, 103 KVs and 62 Navodaya Vidyalaya established and have started functioning

  • Major reform in education ensured by granting autonomy to quality institutes by passing IIM Bill

  • Recognizing talent with PM Research fellowship-scholarship worth Rs. 70, 000- Rs. 80, 000 per month for 5 years and Rs. 2 lakh annual grant for PhD and research

Overhauling the school education apparatus

  • For the first time, a distinct focus on learning outcomes among students & accountability among various stakeholders

  • For building innovative skills 2, 400 Atal tinkering Labs sanctioned in schools at Rs. 20 lakh each

  • 54, 000 ramps & railings built and 50, 000 special toilets for Divyang children

India Transforms, the World Applauds

  • India is the world number one in attracting Greenfield FDI

  • India ranked 9th on foreign direct investment (FDI) inflows in 2016- world investment Report 2017

  • India ranked 3rd in the list of top prospective host economies for 2016 - 18 in the UNCTAD world investment report (WIR)

  • Moody’s upgraded India sovereign credit rating from Baa3 to Baa2 for the first time in 14 years

Image of India Climbed to the 39<sup>th</sup> rank

Image of India Climbed to the 39th rank

Image of India Climbed to the 39th rank

India: A Leading Mobile Manufacturing Hub

Image of India: A Leading Mobile Manufacturing Hub

Image of India: A Leading Mobile Manufacturing Hub

Image of India: A Leading Mobile Manufacturing Hub

Higher Trust in Government, Higher Tax Compliance

Image of Higher Trust in Government, higher tax compliance

Image of Higher Trust in Government, Higher Tax Compliance

Image of Higher Trust in Government, higher tax compliance

Fuelling MSMEs, the Nation’s Growth Engines

  • Of the total loan accounts, 76 % are of women and more than 50 % belong to SCs, STs and OBCs

  • Collateral –free loans for 12 crore small entrepreneurs benefited under MUDRA

  • Corporate tax rate slashed to 25 % for companies with annual turnover up to Rs. 250 crore from Rs. 50 crore

Ease of Compliance Ensuring Labour Welfare

  • Employees don’t undergo hassles to transfer EPFO accounts any more: Universal Account Number (UAN) boosts portability

  • Shram Suvidha portal: Unique Labour identification number allocated, online registration of establishments

  • The Payment of Wages (Amendment) Act 2017: Empowering workers

Banking Reforms Fuelling the Next Wave of Growth

  • Historic Insolvency and Bankruptcy Code leading to significant result

  • Recapitalization of PSBs by infusion of Rs. 2, 11, 000 cr to support credit growth and job creation

  • Approval for PSBs to amalgamate through an alternative mechanism to facilitate consolidation

Bold Reforms, Stronger Institutions, Resurgent Economy

  • Opened commercial coal mining sector to private players

  • Disinvestment crossed target of Rs. 72, 500 crore

  • Home-buyers’ dreams & rights protected with real estate regulation Act (RERA)

  • Transparent resource allocation with 89 coal mines allocated

GST Enhancing Ease of Doing Business and Ease of Living

  • Small traders & consumers benefit with end of multiplicity of taxes

  • Overall reduction in prices

  • Reduction in cascading effect of taxes

  • Significant decrease in transport times with elimination of check-posts

India Becomes the Global Growth Engine

Image of India becomes the Global Growth Engine

Image of India Becomes the Global Growth Engine

Image of India becomes the Global Growth Engine

Image of Growth in India's Share in World GDP

Image of Growth in India’s Share in World GDP

Image of Growth in India’s Share in World GDP

Strong Economic Fundamentals Define India

  • India’s forex reserves booming at 418.94 bn USD

  • FDI jumped 60.08 bn USD in 2016 - 17

Strong Macro Economic Fundamentals Define India

Economy growing at a robust rate, with 7.4 % GDP growth forecast for FY 2018 - 19

Image of Falling Overall Inflation & Food Inflation Down

Image of Falling Overall Inflation & Food Inflation Down

Image of Falling Overall Inflation & Food Inflation Down

Unprecedented Expansion of Direct Benefits to the Deprived and Deserving

DBT has resulted in an estimated gain of Rs. 83, 000 crore to the nation!

Image of Unprecedented Expansion of Direct Benefits

Image of Unprecedented Expansion of Direct Benefits

Image of Unprecedented Expansion of Direct Benefits

Cutting Out Middlemen, Putting More into the Hands of Beneficiaries

Image of Cutting Out Middlemen

Image of Cutting Out Middlemen

Image of Cutting Out Middlemen

Rapid Increase in Number of Beneficiaries Getting Direct Benefits Transfer

Image of Rapid Increase in Number

Image of Rapid Increase in Number

Image of Rapid Increase in Number

India is Moving from Women Development to Women-led Development

Image of India is moving from women Development

Image of India is Moving from Women Development

Image of India is moving from women Development

Image of National Nutrition Mission

Image of National Nutrition Mission

Image of National Nutrition Mission

Image of mindset change in the nation

Image of Mindset Change in the Nation

Image of mindset change in the nation

Pradhan Mantri National Dialysis Programme

Image of Pradhan Mantri National Dialysis Programme

Image of Pradhan Mantri National Dialysis Programme

Image of Pradhan Mantri National Dialysis Programme

#NewIndiaBudget for Enhanced Ease of Living

  • Ayushman Bharat to give health insurance cover of Rs. 5 Lakh to around 10 crore families

  • 1.5 lakh Wellness Centres to provide improved healthcare

  • Saubhagya Yojana to provide electricity to all households of the country

  • 2 crore toilets to be constructed under Swachh Bharat

  • Target for Ujjwala Yojana raised to 8 crore beneficiaries

  • Focus on Learning Outcomes, Teacher Training to improve Quality of Education

Farmer Friendly #NewIndiaBudget

  • Record Allocation of Rs. 14.34 lakh crore for Rural Development & Agriculture

  • Farmers to get 1.5 times higher than cost as MSP

  • 22, 000 Gramin Agriculture Markets to help farmers sell their produce

  • Operation Greens to augment Food Processing

  • Institutional Credit for Agriculture hiked to Rs. 11 lakh crore

#NewIndiaBudget for New Opportunities

  • Target of lending increased to Rs. 3 Lakh crore under Mudra

  • Government to contribute 12 % of the wages of the new employees in the EPF for all the sectors for next 3 years.

  • National Apprenticeship Scheme with stipend support launched to give training to 50 lakh youth

  • Tax Rate reduced to 25 % for small & medium enterprises with turnover up to Rs. 250 crore

  • Govt to announce measures for addressing NPAs & stressed accounts of MSMEs

Common Man Friendly #NewIndiaBudget

  • Health Insurance Coverage worth Rs. 5 lakh for 10 crore families

  • Standard deduction of Rs. 40, 000 for transport allowance and reimbursement of medical expenses for salaried class

  • For senior citizens, exemption of interest income on deposits to be increased from Rs. 10, 000 to Rs. 50, 000

  • All senior citizens eligible for deduction up to Rs. 50, 000 per annum for health insurance premium & medical expenditure

  • Pradhan Mantri Vaya Vand ana Yojana with assured return of 8 % extended to March 2020 & investment limit enhanced to Rs. 15 lakh.

- Published/Last Modified on: July 14, 2018

Govt. Schemes/Projects

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